While the cause of "The Great Depression" is still actively debated more than 8 decades after it occurred, one of the theories was, and still is, that we accumulated too much debt. To compare our current financial situation to the conditions in 1929 I will compare our debt and total financial liabilities with 1929 as ratioed with GDP. U.S. Total Debt (Federal, State, Local, Household, Business, and Financial) was nominally 190% of GDP in 1929 and peaked at nominally 300% of GDP in 1933. But for purposes of this comparison, I will use the 1929 ratio of 190% of GDP to compare to our current indebtedness ratio since the 300% peak level in 1933 was caused, to a large degree, by declining GDP after "The Great Depression" had begun.

It must further be recognized that in 1929 we did not have US Unfunded Future Liabilities for social benefits, since it was the aftermath of "The Great Depression" that caused the U.S. Government to formalize the social benefit programs that we have in place today for which USAPonzi is now introducing these US Unfunded Future Liabilities.

For purposes of this analysis, I will use the information from www.usdebtclock.org as of November 5, 2016.

Our "U.S. Total Debt" leverage is currently 1.9X (356/190 = 1.9) the leverage we had in 1929 but our "U.S. Total Liabilities" leverage, according to this analysis, is 4.2X (807/190 = 4.2) what it was in 1929.

This is why I predict that "The Greatest Depression" that will occur when USAPonzi Implodes will be much more severe than "The Great Depression". We as a country and a planet do not have proper visibility to the financial crisis that we are facing because the U.S. Government is using a corrupt and fraudulent accounting system, Cash Accounting vs. the proper GAAP Accounting, that markedly distorts our financial condition and markedly and fraudulently elevates our standard of living.